Business Objects Names New Chief Financial Officer.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Aug. 21, 1997--Business Objects (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BOBJY), the world's leading provider of integrated enterprise decision support tools, today announced that Clifton "Thom" Weatherford., Jr. has been appointed group vice president and chief financial officer (CFO See Chief Financial Officer. ) of the company. Weatherford will report to Bernard Liautaud, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Business Objects. Weatherford brings more than 25 years of financial management experience to Business Objects. Most recently he was senior vice president and CFO of NETCOM NETCOM Network Enterprise Technology Command (US Army) NetCom Network Command (information systems) On-Line Communication Services, Inc. (NASDAQ:NETC NETC Naval Education & Training Command (formerly Chief of Naval Education and Training, CNET) NETC Naval Education & Training Center NETC New England Theatre Conference NETC Network Enterprise Technology Command ), where he created and ran the worldwide finance and administration organization. "We are extremely pleased to bring in someone of Thom's caliber and experience to Business Objects," said Bernard Liautaud, president and CEO of Business Objects. "His strong background in global financial management for high technology companies will add a new dimension to the Business Objects management team as we move forward." "I am excited to be joining Business Objects, and look forward to being part of such a strong management team and industry leader company," said Weatherford. "My goal is to build a strong financial model which will help take the company to its next phase." Prior to joining NETCOM, Weatherford served as CFO of Logitech, Inc. He has also held senior financial positions at Texas Instruments, Applied Materials, and Tandem Computers. These positions provided him with a strong background in worldwide financial management, including responsibilities in North America, Europe, and Asia. About Business Objects Business Objects is the world's leading provider of integrated enterprise decision support tools. Business Objects products provide non-technical business users with access to information stored in data warehouses, data marts, and packaged business applications. Business Objects provides a complete suite of decision support tools including query, reporting, online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. , data mining, and DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S administration for both client/server and internet environments. Business Objects has sold more than 575,000 licenses to over 5,000 organizations in more than 60 countries worldwide. Business Objects may be reached by phone at 408/953-6000 or on the worldwide web at http://www.businessobjects.com . The company's stock is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BOBJY. -0- Note to Editors: BusinessObjects and WEBINTELLIGENCE are trademarks of Business Objects SA. Other company and product names may be trademarks of the respective companies with which they are associated. A full-text copy of this announcement may be obtained by calling the Company's fax retrieval line at 1-800-414-2114 and selecting option "two." The announcement may also be downloaded from the Web; access "http://www.businesswire.com/cnn" and search on "Business Objects". CONTACT: Business Objects Tracy Eiler, 408/953-6031 or Herbst Consulting Lisa Herbst, 510/461-7040 |
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